Be it enacted by the Batasang Pambansa in session assembled:

SECTION 1. The Buanoy Barangay High School in the Municipality of Balamban, Province of Cebu, whereby converted into a national high school to be known as the Buanoy National High School.

SEC. 2. The amount of one hundred thousand pesos for the operation of the school shall be funded out of the appropriations authorized by Batas Pambansa Blg. 230 for the Ministry of Education, Culture and Sports intended for new national high schools and an additional amount corresponding to fifty percent of its share in the budgetary aid actually paid to it before such conversion shall he released for its operation from the national assistance fund to local schools. Thereafter, such sum as may be necessary for its operation and maintenance shall be provided for in the annual General Appropriations Act.

SEC. 3. This Act shall take effect upon its approval.

Approved, June 24, 1983.